Date: 30 June 2007

Fund name: Perpetual Wholesale Balanced Growth Fund

APIR code: PER0063AU

Distribution Components C.P.U.
Domestic interest 0.500871
Domestic interest - Non-withholding tax -
Excluded from NCMI -
NCMI -
Other Australian sourced income 0.086126
Net franked dividends 0.275974
Unfranked dividends 0.025409
Clean building MIT income -
Conduit Foreign Income -
Net foreign income -
CFC Income -
TAP Capital gains - discounted 0.014929
TAP Capital gains - indexed method 0.000023
TAP Capital gains - other method -
TAP NCMI capital gains - discounted -
TAP NCMI capital gains - other method -
TAP excluded from NCMI capital gains - discounted -
TAP excluded from NCMI capital gains - other method -
NTAP Capital gains - discounted 3.028519
NTAP Capital gains - indexed method 0.353608
NTAP Capital gains - other method 1.315524
NTAP NCMI capital gains - discounted -
NTAP NCMI capital gains - other method -
NTAP excluded from NCMI capital gains - discounted -
NTAP excluded from NCMI capital gains - other method -
Tax exempt amount -
Tax free amount -
CGT concession amount 3.524312
Non attributable / tax deferred amount 0.139227
Non-assessable non-exempt income -
Return of capital -
Franking credits 0.382539
Trans-Tasman credits -
Foreign income tax offset -
Foreign capital tax offset -
Total distribution amount 9.647059
FUND PAYMENT 0.116006

The Fund is a withholding managed investment trust for the purpose of Subdivision 12-H of Schedule 1 of the Taxation Administration Act 1953 (The Act).

The information included above is provided for the purpose of Subdivisions 12-H and, where applicable, 12A-B of the Act and is relevant to custodians and other intermediary investors to assist them to fulfil their withholding tax obligations. Australian investors should rely on the Attribution Managed Investment Trust Member Annual (AMMA) statement which will be issued after the end of the financial year.

Note:

This information has been provided in good faith and is believed to be accurate at the time of compilation. The tax information contained in this document is not intended to provide you with advice or take into account your objectives, financial situation or needs. You should consider whether the information is suitable for your circumstances and we recommend you seek professional advice.